Ufone & Faysal Bank Launch Smartphone Contract Plans

[kamran saeed]

Ufone and Faysal Bank have joined hand to introduce Smartphone Contract Plans in Pakistan. For the First Time in the History of Pakistan Smartphones with Zero Interest will be Available on Installments. This great Package offers not only Smartphones at Discounted Rates but Huge Savings on Voice Plans. This is Very good news for Pakistanis who face problems purchasing High-End phones
Ufone GSM : The Postpay Smartphone Plan

 

[RameeX]

still expensive coz not everyone wants s4 or z10 but this smartphone contract plans are awesome n never seen before in our country.

 

[kamran saeed]

they said more smartphones will be added later
and second unlike in usa where phones are carrier lock these phones are not carrier locked anad after 12 months when installment complete you can switch to any network

 

[AFQ]

And only Faysal Bank Credit Card holders can avail this offer. That sucks because getting a Credit Card is one huge issue aswell.

 

[shad0w]

So if my calculation is right, does the S4 cost 52044 under this scheme?

 

[Lord Ammar]

So if my calculation is right, does the S4 cost 52044 under this scheme?

The calculation is very simple. 6800 x 12 instalments = Rs. 81,600 for a phone that is otherwise for 60k in the market. Total rip-off.

 

[hon3ykhan]

[MENTION=18102]Lord Ammar[/MENTION] come on bro, this is a nice deal and is a must appreciate step. and on-contract, cell phone are expensive everywhere inc. USA.

 

[JJDoctor]

The calculation is very simple. 6800 x 12 instalments = Rs. 81,600 for a phone that is otherwise for 60k in the market. Total rip-off.

If I am not wrong they will be offering some free minutes or packages as well

 

[r3aper]

Users availing the offer cannot port out, change ownership, disown/change the package or convert connection type to Prepaid for 12 months from date of activation. However, within the first 12 months, user can port out or discontinue use of Postpay Smartphone Plan after paying for pending dues and extended discounts. These include but are not limited to Special Number charges, PTML claimed dues and 12 months worth of complete installments as per the chosen handset plan.

After expiry of 12 month period, customer will be required to pay one time security deposit of Rs 2500 and monthly package line rent plus all applicable taxes to continue use of package. After 12 months user can pay special number charges of Rs 2000 and port out to any network after clearance of all requisites/pending dues.

Only dumb tools would go for this offer. They are charging way too much premium. Further no policy description given if your phone gets stolen within the first 12 months.

 

[HAMMER of THOR]

who said it was not interest based?

 

[Major Aly]

Not bad at all. You should know that it will definitely ease up on the pocket + such plans are always present abroad. Good to see Pakistan receiving such support as well.

The only downside is that banks are involved instead of carrier(s) themselves.

Even with carries, there's always a fee (which many will translate to interest) so it isn't all that bad.

The good thing with these plans is that you get loads of benefits per month.

A friend of mine here in KSA got a Note 2 on a plan from the carrier, it cost him 3100SR instead of 2400SR (this is the time near Note 2's launch), but he has been enjoying free minutes, free Internet (2GB) on 3G, SMS etc. The added cost can be translated to these benefits.

 

[shad0w]

So I guess i'll have to explain the math

12*6800=81600
less
Postpay Package included in the deal 2463*12=29556 (Which is as stated in the T&C, haven't calculated it myself)
is equal to
52044

and how is that bad exactly?

- - - Updated - - -

Also alot more cash flow not stuck in the phone

 

[Lord Ammar]

Chalo let's give them the benefit of the doubt but there is tons of room for improvement. Remove CC restrictions, use more popular banks and seriously get rid of those BlackBerries and include something like an iPhone or HTC One.

 

[mansoor93]

i would get into this if they bring the 5s.

 

[kamran saeed]

As you can read thy will bring more phones.its just start if it got sucess then thy wil suerly add the hot items

Sent From My Sony Xperia S Using Tapatalk

 

[yousaf465]

Chalo let's give them the benefit of the doubt but there is tons of room for improvement. Remove CC restrictions, use more popular banks and seriously get rid of those BlackBerries and include something like an iPhone or HTC One.

iPhone doesn't have official representation in Pakistan.

 

[Bluff Master]

Banks do not even fart for free

 

[gamer11]

Banks do not even fart for free

true
a bank will never work for FREE

though looking at the calculations it seems a fair deal

6800-2463 *12 = 52044

though who uses same set for 12 months,price will come way down until one finishes paying off the installments

but its definitely a very good step,hope they add more sets soon


@AFQ
who said its hard to get a cc
random people keep calling u always for a cc

 

[Lord Ammar]

iPhone doesn't have official representation in Pakistan.

Neither does BlackBerry. But networks still bring them. So rather than those fail phones, bring in the iPhone.

 

[yousaf465]

Neither does BlackBerry. But networks still bring them. So rather than those fail phones, bring in the iPhone.

Z10 looks beautiful and there is still a niche market for Blackberries.

I do agree, they should also offer iPhone .